94 Newton Road, Newton, Auckland

Newton: High profile standalone on corner site

• Freehold standalone property on a high profile, corner site in the CBD fringe
• Holding income of $75,000 + GST p.a. with option to occupy or develop
• Comprises 403sqm (approx.) of building area over two levels plus four car parks
• 279 sqm site, zoned Business - Mixed Use (32.5m height, subject to overlays)
• Strategic location in key growth precinct

Occupying a high profile corner position in a tightly held growth precinct, this property offers owner occupiers, add-value investors and developers an exciting, blank canvas opportunity. Comprising a total lettable area of 403 sqm (approximately) of building + four carparks and a cart-dock, this property offers a mix of office, showroom / warehouse accommodation, along with secure car parking and roller door access.

Leased on a rolling, short term basis to an established tenant, this flexible offering provides scope for a range of purchasers. Add-value investors can modernise and refurbish this already attractive mid-century commercial building.

Owner occupiers looking for a high profile and well located home for their business can tailor this flexible building to suit their needs. Developers and land bankers with an eye for the future can capitalise on this fee simple, corner site with an intensive Business - Mixed Use zoning (32.5m height limit).

A rare affordable opportunity in a tightly held precinct. Call now for further information.